Reparations cost to the economy

You keep making mistakes with most of your arguments, either citing opinion as fact or in the rare instance that you provide objective data, misapplying it to your argument. Your comments in paragraph one is anecdotal and simply opinion. The 2nd paragraph and your 2nd mistake is drawing correlations that do not exist. China’s high dropout rates in rural areas is very high and skews the numbers. It is largely driven by a lack of resources provided in those areas and demands on children to help provide for the family, which tend to be very poor. Additionally, Chinese and Indian Americans place a high importance on family and education, which creates an important support structure fostering academic excellence. Please feel free to cite any objective source that teacher bias is responsible for the success of this group.

The uncomfortable reality is that the Black population is 12% and yet commits nearly 1/2 of all murders and violent crimes in the US. Most of those criminal acts, roughly 92% are against other black individuals. The greatest harm being done to the black community is by liberal progressives pushing policies that do not put the safety and well being of good and decent people that have to live in those communities. There is no slave labor but please cite current examples. It’s fine to ask the question why and if the historical impact of slavery had an impact on the culture of violence within this group. It’s moronic to suggest that the outsized incarceration rates aren’t largely due to increase rates of criminal behavior.

Again, you keep making mistakes in your arguments by tying together support of free market economies with an endorsement of economic polices that are fiscally irresponsible and encourage debt funded spending without limits. Any person with a reasonable grasp of history understands that capital is more effectively and efficiently deployed when done so by individuals and private enterprise rather than through govt. It is not a blanket endorsement of tax cuts that cannot be financially justified. In turn, it does not mean a blanket opposition to fund needed and necessary gov’t services. But if done without thought to the ability to pay for them, both a can be equally irresponsible and impact America’s long term strength and influence.

[quote=“Leap1, post:67, topic:106401”]
The position that reparations should not be given has to do with cost. Now that we are moving into a demand-side econ period over time the relative cost will be less. I am for waiting until economies of scale have set in to a much larger extent.

Again, you first have to believe that the current plight of certain minority groups is the result of current and historical discrimination. I don’t share your premise. So, my opposition to reparations today is not based on cost. By the way, the US Supreme Court likely shares the same view. I think John F. Kennedy did more than 60 years ago.

Again, you are simply projecting. You weave in terms likely supply side and demand side but those are just thinly veiled covers for you to take grand pseudo moralistic stances on a whole host of social issues and then criticize anyone that disagrees as selfish or racist. If you knew anything about Economics, you’d stop citing Samuelson, who famously predicted Russia’s GNP would surpass the US by 1997.

5 Likes